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Dec 15, 2012
12/12
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a lot of us have questions that pertain to us. we talk about the guard band it just raises the historical aspects. for me i had great hopes it would provide why fight to rural small town america -- wifi to rural small town america. we all use it. there was no ban. there's nothing there to protect a spill over. we lost this great opportunity for rural america to really have high-speed internet access. i think that is part of this debate of how much is too much. we do not have been crushed and but we have full compensation. >> the discussion about how to get this new opportunity right is the one that we are having. it was a landmark piece of legislation. it embodies a lot of people and the obligation is now on us to get the balance right. and to do something that raises very substantial revenues for the treasury and that drives private investment and innovation including things like what statues anticipate. >> part of the legislation was to make sure we fund to also deployed. part of that debate was some people were saying there is
a lot of us have questions that pertain to us. we talk about the guard band it just raises the historical aspects. for me i had great hopes it would provide why fight to rural small town america -- wifi to rural small town america. we all use it. there was no ban. there's nothing there to protect a spill over. we lost this great opportunity for rural america to really have high-speed internet access. i think that is part of this debate of how much is too much. we do not have been crushed and...
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Dec 15, 2012
12/12
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a lot of them used to organize protests. they use to function. we are at a further stage in the organization that is taking place. instead of local committees organized protests, they are trying to expand the services they are providing. this did happen. to see signs that. the camion means and what you have done. without funding none of that can happen. >> let's open it up to questions from the audience. we have one back here. is there some with a microphone? why does he stand up and speak stand up- don't you and speak loudly? [inaudible] >> do we need to repeat the question for the cameras? yes. >> i asked about the role of women in these new efforts their pain currently in the space available for them in the future. >> i have seen in both places there was no women members council. it is very conservative. i participated in damascus as well. i have seen women taking stages. other than that, the council meetings i did not see women. >> things are developing on two levels. did they are developing on the ground in terms a civilian groups and develo
a lot of them used to organize protests. they use to function. we are at a further stage in the organization that is taking place. instead of local committees organized protests, they are trying to expand the services they are providing. this did happen. to see signs that. the camion means and what you have done. without funding none of that can happen. >> let's open it up to questions from the audience. we have one back here. is there some with a microphone? why does he stand up and...
119
119
Dec 8, 2012
12/12
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we need to find more and use less. i think you're asking about the use less part. the extension of the changing fuel efficiency standards was one thing, but we believe fervently in the need to diversify away from using petroleum for transportation and given that it represents 70% of our use of petroleum to begin with. with the change in technology and the access to so much homegrown natural gas, we can use that and we can also use the development of electricity and its usability in automobiles and light trucks. >> what about the role of the government? find more coming years last, and someone has to make sure we are not doing dangerous things, as the admiral pointed out. >> i am a private sector guy, and i believe in the application of private and free markets for the development of our country, but there are times it is clear when the government has an unfortunate role to play. in fred's introductory comments, the argument was very clear. the market for oil, on which we depend, is not a free market. the only way we can respond to that is an activist approach. that
we need to find more and use less. i think you're asking about the use less part. the extension of the changing fuel efficiency standards was one thing, but we believe fervently in the need to diversify away from using petroleum for transportation and given that it represents 70% of our use of petroleum to begin with. with the change in technology and the access to so much homegrown natural gas, we can use that and we can also use the development of electricity and its usability in automobiles...
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Dec 16, 2012
12/12
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that gives us some time. my anticipation is that the removal of accommodation after the takeoff point, wherever that occurs, would be relatively gradual. i don't think we are looking at a rapid increase. that depends on where inflation is and other conditions but the path that we are basing these numbers on is one that assumes an increase in the funds rate first occurring sometime after unemployment goes below 6.5% but does not necessarily assume a rapid increase after that. we said we would take a balanced approach. when we get to that point, we may or may not raise rates at that point. we will look at the situation. assuming inflation remains well-controlled, which i fully anticipate -- i think to rate of increase would be moderate -- the exit strategy that we put out is consistent with our statement today because the exit strategy was primarily about how we would normalize the balance sheet over time. we have not made any changes in that and we believe some increase in the size of our balance sheet is cons
that gives us some time. my anticipation is that the removal of accommodation after the takeoff point, wherever that occurs, would be relatively gradual. i don't think we are looking at a rapid increase. that depends on where inflation is and other conditions but the path that we are basing these numbers on is one that assumes an increase in the funds rate first occurring sometime after unemployment goes below 6.5% but does not necessarily assume a rapid increase after that. we said we would...
101
101
Dec 16, 2012
12/12
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thank you for joining us. we know how tough it is right now, my heart goes out to the families that you represent. for someone that has access to credit, it seems extremely high given the interest rate. i am wondering if we get that percentage done, we get the target that you are looking for. if he were to devise your high ideal business, what would it look like? >> the feedback that we got. >> if you are a successful business, you're lowest interest rate is 6%. >> people have said they can get 1.6%, so going as low as possible, getting the same rate that the individuals that would be a great start. you are asking how much grant money we want? right now, the thing i will say is the challenge -- or one thing that would help to make us more effective, it is more data sharing. i don't have all the data on the business community. fema has a lot of this information and we have had the whole system where they immediately have everyone signed a waiver so that the information can be shared. there is assistance coming
thank you for joining us. we know how tough it is right now, my heart goes out to the families that you represent. for someone that has access to credit, it seems extremely high given the interest rate. i am wondering if we get that percentage done, we get the target that you are looking for. if he were to devise your high ideal business, what would it look like? >> the feedback that we got. >> if you are a successful business, you're lowest interest rate is 6%. >> people have...
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175
Dec 9, 2012
12/12
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the wealthiest among us can help us reduce the debt by paying more. it is encouraging to see republican members of the house and the senate speak out on the need or a deficit approach that includes raising taxes on wealthy individuals and to moving right away to ensure that 98% of families do not face a tax increase. we need to look at history. what we saw in the 1990s and 2000s, there was no relationship between lower marginal tax rates for the wealthiest among us an economic growth. first during the clinton administration, the top marginal tax rate was raised on the wealthiest individuals and the economy grew at its fastest rate in a generation. it added more than 22 million jobs. during the following eight years, the top marginal rate dax tax rate was lower, but economy never regained its strength from the reviews decade. middle-class families are vulnerable when the recession began at the end of 2007. i hope this hearing is helpful not just in this hearing, but across this country to people who are watching and waiting for congress to act. i will
the wealthiest among us can help us reduce the debt by paying more. it is encouraging to see republican members of the house and the senate speak out on the need or a deficit approach that includes raising taxes on wealthy individuals and to moving right away to ensure that 98% of families do not face a tax increase. we need to look at history. what we saw in the 1990s and 2000s, there was no relationship between lower marginal tax rates for the wealthiest among us an economic growth. first...